Creditors are gunning for Aurora
Creditor are sharpening their teeth for the directors of embattled mining company Aurora Empowerment Systems.
Trans Hex to post a loss
Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.
Probe Aurora and Motala: Cosatu
Trade union federation Cosatu says the politically-connected Aurora Empowerment Systems and the liquidators of Pamodzi Gold need to be investigated.
Eskom to build new coal-to-gas station
Eskom wants to build a new 2,100MW power station, making use of new underground coal-to-gas technology, according to a senior official.
Aurora, Shandong cancel Pamodzi meeting
Both Aurora Empowerment Systems and its potential Chinese investor have cancelled a meeting scheduled with Pamodzi Gold unions and liquidators, says an official.
Smokey Hills contractor killed by mob
UPDATED: An employee of a mining contractor at Platinum Australia’s Smokey Hills has been killed in the wake of ongoing labour unrest at the mine.
Tanzanian explorer to list on JSE
AIM-listed gold exploration group Kibo is to list on the JSE's AltX, but is not looking to raise any money at this stage for its five projects in Tanzania.
Implats cuts back at Marula mine
Impala Platinum is to retrench staff at Marula after putting proposed expansions on hold for at least two years because of persistent underperformance.
Aurora told to vacate Pamodzi mines
Liquidators have given Aurora Empowerment Systems three days to leave the Pamodzi mines in Orkney and Springs.
Govt clarifies BEE coal export quotas
Three or four black-owned coal firms will get export entitlement through the Richards Bay Coal Terminal following the long-awaited reorganisation of the Quattro system, government says.